Agency-only floor broker Rosenblatt Securities is used to change, says president and chief operating officer Joe Gawronski.The company was founded by floor broker Dick Rosenblatt in 1979, as a $2 broker, handling overflow business for other brokers.
Rosenblatt Securities, a leading institutional brokerage firm, is pleased to announce that it has hired Jeff Campbell as a Managing Director and head of energy analysis. A veteran buy-side analyst, Campbell worked at Suffolk Capital Management for 11 years, covering an array of energy sub-sectors including Exploration & Production, Oil Services, Refining, Oilfield Equipment, Onshore and Offshore Drilling, Integrated Oil Companies and Utilities. In 2011, energy boutique Pritchard Capital Partners recruited Campbell to initiate large-cap E&P coverage. At Pritchard he wrote macro oil-and-gas research and thematic pieces that blended his understanding of both company-specific and industry-wide issues.
The Barclays LX dark liquidity crossing network has introduced what it calls a “toxicity framework” – a way of policing an electronic trading venue with diverse participants such as international traders, hedge funds, high frequency traders and others.
Corporate buybacks have surpassed the $1 trillion mark for the first time since 2009, a sign the credit boom is reaching new heights, according to Brian Reynolds, chief market strategist at Rosenblatt Securities.
Back when the New York Stock Exchange and the Nasdaq Stock Market operated a duopoly in equities trading, an institutional trader always knew where an order was being handled and who to yell at, according to Justin Schack, managing director of Rosenblatt Securities, the agency broker.
Wedge Partners, a leading provider of US and China technology, media and telecom (TMT) independent research, is pleased to announce that it has partnered with Rosenblatt Securities, a leading agency institutional brokerage firm, to provide execution services for its clients. Wedge’s clients will be able to leverage Rosenblatt’s full suite of execution tools, from upstairs portfolio, single stock, ETF and options trading to NYSE floor access.
All told, average volume of trading in the dark pools tracked by Rosenblatt reached 921 million shares a day, or 14.33 percent of consolidated volume of 6.43 billion shares on all unlit and public venues. Rosenblatt does not track volume in Merrill Lynch’s Instinct X dark pool.
Dark pools accounted for a record share of U.S. equity trading in January as a decline in market volatility steered more business to off-exchange venues, according to a report from Rosenblatt Securities Inc.
Dark pools garnered a record-high share of US equity trading volume in January, a month in which volatility dropped sharply, according to Rosenblatt Securities’s Monthly Dark Liquidity Tracker.
Gary Wishnow, managing director, derivatives sales and trading, Rosenblatt Securities, says: “Equities has seen three straight years of falling volumes, but I would be surprised if we saw another drop in the US options market. Any bump in volatility, whether driven by the Fed raising interest rates or other macro events, should result in increased activity and that should once again return the options market to its pattern of year-on-year gains.”